Pinawa LGD | Aug 12, 2020
AUGUST 3, 2020
Local Government District of Pinawa launches International
Program expected to attract up to $20 million in locally invested capital
PINAWA, MB – Economic development in rural Manitoba will be significantly bolstered thanks to the
launch of a new program to attract global talent and international investment to Pinawa.
The International Entrepreneurship Program provides an expedited route for businesses from around
the world to set up their operations in the Pinawa region. Program participants will have access to a
customized network of specialized supports, resources, and business development assistance.
Each program participant will work directly with Pinawa’s Economic Development Office to launch and
grow their business, while a coalition of supporting agencies include North Forge East, the first regional
business incubator in Eastern Manitoba, will support the entrepreneurs along the way. Based on the
targeted number of projects, anticipated investment capital is expected to be as high as $20 million.
Each participant is also anticipated to create local employment opportunities, further stimulating
economic growth in the region.
Qualified businesses will be accepted and recommended by the Pinawa Economic Development Office
to the Manitoba Provincial Nominee Program’s Entrepreneur Pathway, which requires successful
candidates to conduct a community visitation trip, provide a thorough business plan, a minimum
amount of funds to invest into their business and business ownership experience. This program provides
an expedited immigration pathway for business owners and entrepreneurs to settle in the province.
In its first year, the International Entrepreneurship Program is expected to attract between five to eight
projects which will account for up to $1.2 million in direct community investment. The program is now
active and currently accepting international applicants.